Skye Bioscience Inc (SKYE)

[Vinpat]

I think everyone is unhappy with the Schneider deal. The vetting process seemed to be nonexistent at face value. I also think management should be much more communicative with shareholders. I think they're too by the book. Maybe there's even some arrogance there with the past successes they've all had. However, I do know that they're devoting all their time and effort to make this work. We don't know the whole story but one thing is for sure, none of these guys did anything nefarious. They may have used poor judgment but we really don't know what happened. One would think that the law firm has checked to see if there are recoverable assets. Perhaps there is personal liability with Schneider principals. I'm sure Nemus will be able to raise short term financing to move this thing along even if they don't recover anything from Scheider. If the litigation continues to move forward, I think that will mean they'll get a settlement without having to sue.

Anyway, it's easy to go after the Nemus group for things not working out so far. You see the vulture lawyers file class action suits when FDA trials don't work out or for any reason they can find but it only enriches them. As miffed as I am at what transpired, I'm hanging tough knowing this was always high risk. Good luck to everyone.